EU: The price of meat rises 3.3% in a year

Published 2024년 4월 12일

Tridge summary

In February 2024, the European Union witnessed a notable increase in meat prices, with an overall rise of 3.3% compared to the previous year. Pork prices led the surge, increasing by 5.7%, despite the sector experiencing a significant inflation peak of 17.3% in February 2023. In contrast, poultry prices saw a decrease of 1.6%. Over the past three years, the price trends for beef, veal, lamb, and goat meat have been relatively stable, with increases staying below 15%, whereas poultry and pork prices have been more volatile. The highest price hikes were reported in Bulgaria, Romania, and Croatia, while Czechia, Finland, and Denmark saw declines in meat prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In February 2024, the price of meat in the EU was 3.3% higher than in February 2023. Pork recorded the largest increase (5.7%), ahead of lamb and goat (+4.5%) and beef (+3%). Poultry farming, on the other hand, registered a decrease of 1.6% compared to February 2023. Over the past three years, annual meat inflation rates were the highest between April 2022 and March 2023, with annual variation rates exceeding 10%. The highest rate was recorded in February 2023 when the price was 17.3% higher than in February 2022. The annual increase in beef, veal, lamb and goat meat prices has remained below 15% for the past three years. The price of poultry meat (+24.4% in November 2022) and pork (+18.8% in February 2023) registered greater fluctuations. In February 2024, most EU countries reported an ...
Source: Agrodigital

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